Dubai is undoubtedly one of the most famous destinations for tourists from around the world. Blockchain is now entering the "game" in Dubai. The Dubai Department of Tourism and Commerce Marketing, or for short - DTCM has just launched a blockchain platform called Tourism 2.0, which allows tour operators and hotels and the like to…
Read moreThe U.S. Securities and Exchange Commission has announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering (ICO) In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR…
Read moreNew research from Intrinsic Insights commissioned by BTL Group (TSX Venture: BTL) has revealed that after reduced costs, the main benefits of blockchain technology are greater data security and protection against cyber threats. The research also revealed: Privacy of data is the highest priority amongst people in IT at the moment Two thirds of respondents…
Read moreOn 12 April 2018, Russia’s Federal Treasury has informed that it has successfully conducted its first repo auction with a floating rate via National Settlement Depository’s Collateral Management System (CMS). The amount of concluded transactions reached RUB 60.7 billion. Federal Treasury repos with a floating rate is a new product in NSD’s CMS product range.…
Read moreHSBC Holdings plc (NYSE:HSBC) has announced a withdrawal from the coal fired power sector, as part of its efforts to support a transition to a low-carbon economy. In 2011, HSBC decided to significantly restrict its support for new coal-fired power plants and effectively ceased financing them in 78 developed countries. It will now stop financing…
Read moreAs announced April last year, the Financial Contract Authority (FCA) and the Prudential Regulation Authority (PRA) have been conducting investigations into Jes Staley, Group Chief Executive Officer of Barclays, and Barclays Bank PLC (LON:BARC) in relation to an attempt by Mr Staley in 2016 to identify the author of an anonymous letter. The FCA and…
Read moreSingapore Exchange (SGX) today welcomed one more company, SLB Development Ltd, to its Catalist under the stock code “1J0”. SLB Development Ltd is a property developer with 17 years’ experience in Singapore, covering a broad spectrum of projects from small to large-scale residential, mixed-use, industrial and commercial properties. Through a joint venture participation in the…
Read moreServiceware SE (ISIN: DE000A2G8X31) has become the next company to go public on the Frankfurt Stock Exchange today, Deutsche Börse has announced earlier. The shares in the software company from Bad Camberg, Hesse, were listed in the Prime Standard and opened trading at €24.005 following an issue price of €24.00. The total placement volume was…
Read moreMoscow Exchange (MOEX) announced that it has signed a Memorandum of Understanding (MOU) with Shanghai Gold Exchange (SGE). The agreement aims to promote cooperation between China and Russia in the sphere of gold exchange trading. The signing ceremony with Igor Marich, Managing Director of Money and Derivatives Markets, member of MOEX Executive Board, and Song…
Read moreAustralia’s government is shocked by bank wrongdoing, as AMP Ltd. (ASX:AMP) has deliberately misled regulators over charging customers for services they didn’t receive. Meanwhile Commonwealth Bank of Australia (ASX:CBA) has collected fees from dead people, in one case for more than a decade, Bloomberg has informed earlier. AMP Chief Executive Officer Craig Meller announced that…
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